FOMC Minutes – Hawkish & S&P Near Breaking Flag

2:28 p.m. ET I’m still going through the minutes, but it’s hawkish, more so than expected. They are very concerned about inflation. There was concern about Omicron, but this was when there was less information about Omicron’s transmissibility and seriousness. “Some participants judged that a less accommodative future stance of policy would likely be warranted…